ezPaycheck Updated with 2025 Form W-2 to Accommodate Tax Service Professionals

Halfpricesoft.com has just released an updated version of ezPaycheck software featuring the new 2025 W-2 forms, making it ...
JD Supra

A Big, Beautiful Break: IRS Gives Employers Relief on 2025 Tip and Overtime Reporting

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...
JD Supra

IRS Grants 2025 Penalty Relief on Tip and Overtime Reporting

The U.S. Department of the Treasury and Internal Revenue Service (IRS) has issued long-awaiting guidance in connection with the new ...
Business.com on MSN

PayPal 1099: How to Report Self-Employment Income to the IRS

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.
The College Investor on MSN

How To File An Amended Tax Return

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...
JD Supra

Catching the Roth Wave: Payroll Pitfalls and Practical Fixes for the New Mandatory Roth Catch‑Up Requirement for Retirement Plans

Share on Twitter Share by Email Share Back to top Beginning January 1, 2026, age 50+ catch‑up contributions for “high‑paid participants” of ...
JD Supra

Client Alert: Tax Preparer Audits and Investigations: How to Best Prepare and Respond to an Inquiry

The Internal Revenue Service (“IRS” or the “Service”) aggregates, reviews, and analyzes taxpayer data and determines whether ...
Young and the Invested on MSN

I’m a financial advisor and tax planner. This is how the IRS tracks your financial transactions

Kindly old elf, or CIA spook?" So mused Calvin of Calvin and Hobbes about old Kris Kringle's power to know whether children ...
MiBolsilloColombia on MSN

IRS admits it lacks systems for new law and drops penalties tied to tips and overtime

The IRS says it cannot meet new OBBBA reporting rules, leading to a temporary suspension of penalties on tip and overtime reporting for 2025.
JD Supra

Final Roth Catch-up Regulations: Key Takeaways for Plan Sponsors

The Secure 2.0 Act of 2022 gave us the Roth catch-up mandate, a revenue raiser that has caused great consternation in the retirement plan community ...
JD Supra

Massachusetts Paid Family and Medical Leave Program: November 2025 End-of-Year Update

With the approaching end of 2025, the Massachusetts Department of Family and Medical Leave (DFML) has issued updated notices supporting ...
NerdWallet

Sole Proprietorship Taxes: A 2025 Guide

Sole proprietorships are the simplest business entity — their taxes are pretty straightforward, too. Many, or all, of the products featured on this page are from our advertising partners who ...